TradingView
JoeChampion
Jun 5, 2023 11:22 AM

NZDCAD Potential downsides Short

New Zealand Dollar/Canadian DollarFXCM

Description

Hey traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81700 zone, NZDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.81700 support and resistance zone.
Trade safe, Joe.
Comments
availableTorto90167
it will reverse to 0.83560 bro be careful
JoeChampion
@availableTorto90167 how do you say so
availableTorto90167
@JoeChampion, bcz RSI is oversold in D1, price is under 0.8149 pivot point, pair lost 400 pips in 10 days. Pullback to 0.8356 is possible before a new fall.
TheAnonymousBanker
codeblue702
@TheAnonymousBanker, You have updated analysis you can share?
KABHI_FOREX_TRADING
Good work
JoeChampion
Gold-Tech
A potentially successful plan. Thanks for sharing)
JoeChampion
@Gold-Tech thanks
basictradingtv
awesome NC breakdown Joe!
More